Yes, borrowers typically have the option to make extra payments on their GreenSky loans, which can be beneficial for paying down the principal balance and potentially reducing the amount of interest charged over the life of the loan. It is important to verify the specific loan terms and conditions associated with the particular GreenSky loan, as there may be varying policies regarding extra payments. Making extra payments may also depend on whether the loan is a fixed-rate or variable-rate loan. Additionally, borrowers should consider how extra payments may impact their loan repayment schedule and overall financial situation. For specific details about your loan and the process for making extra payments, it is advisable to check the current web page or any official documentation associated with your loan for guidance.
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